North America Meal Replacement Market Research Report Information By Product Type (powder, ready -to-drink, bars, and others), by Nature (organic and regular), by Price Range (economy/mass and premium), by Category (plant-based, gluten-free, nut-free, and others), by Application (muscle building, weight loss, weight gain, and energy), by End User (residential and commercial), by Distribution Channel (supermarket & hypermarket, convenience stores, specialty stores, and online), and by Region (US, Canada, Mexico) Forecast Till 2032
Review of the Market
In 2023 North America Meal Replacement Market Size was USD 6,219.34 million. With a compound annual growth rate (CAGR) of 7.71% for the forecast period (2024 – 2032), the Meal Replacement sector is expected to expand from 2024 to USD 11,974.53 million by 2032. Driven mostly by growing obesity and diabetes rates, busy lifestyle and convenience, and creative product offers, the North America Meal Replacement market has seen a radical change recently.
Consumer tastes toward organic, vegan, and free-from food has driven major change in the North America meal replacement sector in recent years. Increasing knowledge of health, sustainability, and food safety drives most of this growth. As customers give natural and whole ingredients top priority, organic meal replacements—which eliminate synthetic additives and preservatives—are becoming more popular. Growing idea that organic foods provide better health advantages and a larger tendency toward supporting sustainable agriculture reflect the increasing demand for organic products.
Market Segments Insights
The North America Meal Replacement market has been split depending on product type into powder, ready-to-drink bars, others.
The nature dictates that the market has been split into organic and regular.
The North America Meal Replacement market has been split into premium and economy/mass based on the price range.
The market has been split based on the category into plant-based, gluten-free, nut-free, and others.
Based on the application, the North America Meal Replacement market has been split into muscle growth, weight reduction, weight gain, and energy.
The market has been split depending on the end user into residential and commercial.
The market has been split depending on the distribution channel into supermarket and hypermarket, convenience stores, specialist retailers, and internet.
Regional Market Understanding
The report breaks up the market by Region into US, Canada, and Mexico. With a market value of USD 5,112.59 million and a market share of 82.20%, the US sector held the highest market share in 2023. The strong growth of the meal replacement industry in the United States is driven by the increasing need for portable, on-the-go nutrition solutions. Meal replacements are becoming more and more popular among health-conscious consumers, working professionals, fitness enthusiasts, and those seeking whole nutrition free from the trouble of meal planning.
In Canada, meal replacements are becoming increasingly popular; this increase in demand for quick, healthy substitutes for conventional meals is driving this trend. Busy lives as well as an increasing interest in fitness and weight control are fueling meal replacements' popularity.
Hectic lives, increasing urbanization, and more health consciousness are among the reasons Mexico's meal replacement market is growing. Particularly for individuals trying to reduce weight and increase their fitness, meal replacements are become increasingly popular among customers as quick and cheap substitutes for normal meals.
Prominent Participants
General Mills Inc. (USA), Herbalife Lt. (US), Glanbia PLC (Ireland), The Simply Good Foods Company (US), Huel (Hertfordshire), Starco Brands, Inc. (US), Abbott Laboratories (USA), Kellanova (US), Nestlé S.A. (Switzerland), Amway Corporation (US), among others.
圖表清單 List of Tables & Figures
LIST OF TABLES
TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 44
TABLE 2 NORTH AMERICA MEAL REPLACEMENT MARKET, BY PRODUCT TYPE, 2018-2032 (USD MILLION) 72
TABLE 3 NORTH AMERICA MEAL REPLACEMENT MARKET, BY POWDER, 2018-2032 (USD MILLION) 73
TABLE 4 NORTH AMERICA MEAL REPLACEMENT MARKET, BY READY TO DRINK, 2018-2032 (USD MILLION) 74
TABLE 5 NORTH AMERICA MEAL REPLACEMENT MARKET, BY BARS, 2018-2032 (USD MILLION) 75
TABLE 6 NORTH AMERICA MEAL REPLACEMENT MARKET, BY OTHERS, 2018-2032 (USD MILLION) 75
TABLE 7 NORTH AMERICA MEAL REPLACEMENT MARKET, BY NATURE, 2018-2032 (USD MILLION) 76
TABLE 8 NORTH AMERICA MEAL REPLACEMENT MARKET, BY ORGANIC, 2018-2032 (USD MILLION) 77
TABLE 9 NORTH AMERICA MEAL REPLACEMENT MARKET, BY REGULAR, 2018-2032 (USD MILLION) 78
TABLE 10 NORTH AMERICA MEAL REPLACEMENT MARKET, BY PRICE RANGE, 2018-2032 (USD MILLION) 79
TABLE 11 NORTH AMERICA MEAL REPLACEMENT MARKET, BY ECONOMY/MASS, 2018-2032 (USD MILLION) 80
TABLE 12 NORTH AMERICA MEAL REPLACEMENT MARKET, BY PREMIUM, 2018-2032 (USD MILLION) 81
TABLE 13 NORTH AMERICA MEAL REPLACEMENT MARKET, BY CATEGORY, 2018-2032 (USD MILLION) 82
TABLE 14 NORTH AMERICA MEAL REPLACEMENT MARKET, BY PLANT-BASED, 2018-2032 (USD MILLION) 83
TABLE 15 NORTH AMERICA MEAL REPLACEMENT MARKET, BY GLUTEN-FREE, 2018-2032 (USD MILLION) 84
TABLE 16 NORTH AMERICA MEAL REPLACEMENT MARKET, BY NUT-FREE, 2018-2032 (USD MILLION) 85
TABLE 17 NORTH AMERICA MEAL REPLACEMENT MARKET, BY OTHERS, 2018-2032 (USD MILLION) 86
TABLE 18 NORTH AMERICA MEAL REPLACEMENT MARKET, BY APPLICATION, 2018-2032 (USD MILLION) 87
TABLE 19 NORTH AMERICA MEAL REPLACEMENT MARKET, BY MUSCLE BUILDING, 2018-2032 (USD MILLION) 88
TABLE 20 NORTH AMERICA MEAL REPLACEMENT MARKET, BY WEIGHT LOSS, 2018-2032 (USD MILLION) 89
TABLE 21 NORTH AMERICA MEAL REPLACEMENT MARKET, BY WEIGHT GAIN, 2018-2032 (USD MILLION) 90
TABLE 22 NORTH AMERICA MEAL REPLACEMENT MARKET, BY ENERGY, 2018-2032 (USD MILLION) 91
TABLE 23 NORTH AMERICA MEAL REPLACEMENT MARKET, BY END USER, 2018-2032 (USD MILLION) 92
TABLE 24 NORTH AMERICA MEAL REPLACEMENT MARKET, BY RESIDENTIAL, 2018-2032 (USD MILLION) 93
TABLE 25 NORTH AMERICA MEAL REPLACEMENT MARKET, BY COMMERCIAL, 2018-2032 (USD MILLION) 94
TABLE 26 NORTH AMERICA MEAL REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION) 95
TABLE 27 NORTH AMERICA MEAL REPLACEMENT MARKET, BY SUPERMARKET & HYPERMARKET, 2018-2032 (USD MILLION) 96
TABLE 28 NORTH AMERICA MEAL REPLACEMENT MARKET, BY CONVENIENCE STORES, 2018-2032 (USD MILLION) 97
TABLE 29 NORTH AMERICA MEAL REPLACEMENT MARKET, BY SPECIALITY STORES, 2018-2032 (USD MILLION) 98
TABLE 30 NORTH AMERICA MEAL REPLACEMENT MARKET, BY ONLINE, 2018-2032 (USD MILLION) 99
TABLE 31 NORTH AMERICA MEAL REPLACEMENT MARKET, BY REGION, 2018-2032 (USD MILLION) 100
TABLE 32 NORTH AMERICA MEAL REPLACEMENT MARKET, BY PRODUCT TYPE, 2018-2032 (USD MILLION) 102
TABLE 33 NORTH AMERICA MEAL REPLACEMENT MARKET, BY NATURE, 2018-2032 (USD MILLION) 102
TABLE 34 NORTH AMERICA MEAL REPLACEMENT MARKET, BY PRICE RANGE, 2018-2032 (USD MILLION) 103
TABLE 35 NORTH AMERICA MEAL REPLACEMENT MARKET, BY CATEGORY, 2018-2032 (USD MILLION) 103
TABLE 36 NORTH AMERICA MEAL REPLACEMENT MARKET, BY APPLICATION, 2018-2032 (USD MILLION) 103
TABLE 37 NORTH AMERICA MEAL REPLACEMENT MARKET, BY END USER, 2018-2032 (USD MILLION) 103
TABLE 38 NORTH AMERICA MEAL REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION) 104
TABLE 39 US MEAL REPLACEMENT MARKET, BY PRODUCT TYPE, 2018-2032 (USD MILLION) 105
TABLE 40 US MEAL REPLACEMENT MARKET, BY NATURE, 2018-2032 (USD MILLION) 105
TABLE 41 US MEAL REPLACEMENT MARKET, BY PRICE RANGE, 2018-2032 (USD MILLION) 105
TABLE 42 US MEAL REPLACEMENT MARKET, BY CATEGORY, 2018-2032 (USD MILLION) 105
TABLE 43 US MEAL REPLACEMENT MARKET, BY APPLICATION, 2018-2032 (USD MILLION) 106
TABLE 44 US MEAL REPLACEMENT MARKET, BY END USER, 2018-2032 (USD MILLION) 106
TABLE 45 US MEAL REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION) 106
TABLE 46 CANADA MEAL REPLACEMENT MARKET, BY PRODUCT TYPE, 2018-2032 (USD MILLION) 107
TABLE 47 CANADA MEAL REPLACEMENT MARKET, BY NATURE, 2018-2032 (USD MILLION) 107
TABLE 48 CANADA MEAL REPLACEMENT MARKET, BY PRICE RANGE, 2018-2032 (USD MILLION) 107
TABLE 49 CANADA MEAL REPLACEMENT MARKET, BY CATEGORY, 2018-2032 (USD MILLION) 107
TABLE 50 CANADA MEAL REPLACEMENT MARKET, BY APPLICATION, 2018-2032 (USD MILLION) 108
TABLE 51 CANADA MEAL REPLACEMENT MARKET, BY END USER, 2018-2032 (USD MILLION) 108
TABLE 52 CANADA MEAL REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION) 108
TABLE 53 MEXICO MEAL REPLACEMENT MARKET, BY PRODUCT TYPE, 2018-2032 (USD MILLION) 109
TABLE 54 MEXICO MEAL REPLACEMENT MARKET, BY NATURE, 2018-2032 (USD MILLION) 109
TABLE 55 MEXICO MEAL REPLACEMENT MARKET, BY PRICE RANGE, 2018-2032 (USD MILLION) 109
TABLE 56 MEXICO MEAL REPLACEMENT MARKET, BY CATEGORY, 2018-2032 (USD MILLION) 109
TABLE 57 MEXICO MEAL REPLACEMENT MARKET, BY APPLICATION, 2018-2032 (USD MILLION) 110
TABLE 58 MEXICO MEAL REPLACEMENT MARKET, BY END USER, 2018-2032 (USD MILLION) 110
TABLE 59 MEXICO MEAL REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, 2018-2032 (USD MILLION) 110
TABLE 60 COMPARATIVE ANALYSIS 115
TABLE 61 NORTH AMERICA MEAL REPLACEMENT MARKET, KEY PLAYERS, BY REGION 116
TABLE 62 PRODUCT LAUNCHES 116
TABLE 63 MERGER & ACQUISITION 117
TABLE 64 PARTERSHIP 119
TABLE 65 EXPANSION 119
TABLE 66 GENERAL MILLS INC.: PRODUCTS OFFERED 121
TABLE 67 GENERAL MILLS INC: KEY DEVELOPMENTS 122
TABLE 68 HERBALIFE LTD.: PRODUCTS OFFERED 126
TABLE 69 HERBALIFE LTD: KEY DEVELOPMENTS 127
TABLE 70 GLANBIA PLC: PRODUCTS OFFERED 131
TABLE 71 GLANBIA PLC: KEY DEVELOPMENTS 132
TABLE 72 THE SIMPLY GOOD FOODS COMPANY: PRODUCTS OFFERED 137
TABLE 73 THE SIMPLY GOOD FOODS COMPANY: KEY DEVELOPMENTS 138
TABLE 74 HUEL: PRODUCTS OFFERED 142
TABLE 75 STARCO BRANDS, INC.: PRODUCTS OFFERED 145
TABLE 76 STARCO BRANDS, INC.: KEY DEVELOPMENTS 146
TABLE 77 ABBOTT LABORATORIES.: PRODUCTS OFFERED 151
TABLE 78 ABBOTT LABORATORIES: KEY DEVELOPMENTS 151
TABLE 79 KELLANOVA: PRODUCTS OFFERED 154
TABLE 80 KELLANOVA: KEY DEVELOPMENTS 155
TABLE 81 NESTLÉ S.A.: PRODUCTS OFFERED 158
TABLE 82 NESTLÉ S.A.: KEY DEVELOPMENTS 159
TABLE 83 AMWAY CORPORATION: PRODUCTS OFFERED 162
LIST OF FIGURES
FIGURE 1 MARKET ATTRACTIVENESS ANALYSIS: NORTH AMERICA MEAL REPLACEMENT MARKET, 2023 21
FIGURE 2 NORTH AMERICA MEAL REPLACEMENT MARKET ANALYSIS, BY PRODUCT TYPE, 2023 22
FIGURE 3 NORTH AMERICA MEAL REPLACEMENT MARKET ANALYSIS, BY NATURE, 2023 23
FIGURE 4 NORTH AMERICA MEAL REPLACEMENT MARKET ANALYSIS, BY PRICE RANGE, 2023 24
FIGURE 5 NORTH AMERICA MEAL REPLACEMENT MARKET ANALYSIS, BY CATEGORY, 2023 25
FIGURE 6 NORTH AMERICA MEAL REPLACEMENT MARKET ANALYSIS, BY APPLICATION, 2023 26
FIGURE 7 NORTH AMERICA MEAL REPLACEMENT MARKET ANALYSIS, BY END USER, 2023 27
FIGURE 8 NORTH AMERICA MEAL REPLACEMENT MARKET ANALYSIS, BY DISTRIBUTION CHANNEL, 2023 28
FIGURE 9 NORTH AMERICA MEAL REPLACEMENT: STRUCTURE 31
FIGURE 10 NORTH AMERICA MEAL REPLACEMENT MARKET: MARKET GROWTH FACTOR ANALYSIS (2022-2032) 49
FIGURE 11 OBESITY PREVALENCE IN THE US, 2022 50
FIGURE 12 GLOBAL CONVENIENCE FOOD MARKET ANALYSIS & FORECAST (2024-2032) 51
FIGURE 13 DRIVER IMPACT ANALYSIS (2023-2032) 53
FIGURE 14 RESTRAINT IMPACT ANALYSIS (2022-2032) 54
FIGURE 15 COMPARATIVE ANALYSIS OF GLOBAL VEGAN FOOD MARKET (2023 VS 2024) 55
FIGURE 16 RETAIL E-COMMERCE SALES CAGR FROM 2024 TO 2028, BY COUNTRY 57
FIGURE 17 VALUE CHAIN ANALYSIS: NORTH AMERICA MEAL REPLACEMENT MARKET 63
FIGURE 18 SUPPLY CHAIN ANALYSIS: NORTH AMERICA MEAL REPLACEMENT MARKET 65
FIGURE 19 PORTER’S FIVE FORCES MODEL: NORTH AMERICA MEAL REPLACEMENT MARKET 68
FIGURE 20 NORTH AMERICA MEAL REPLACEMENT MARKET, BY PRODUCT TYPE, SEGMENT ATTRACTIVENESS ANALYSIS 72
FIGURE 21 NORTH AMERICA MEAL REPLACEMENT MARKET, BY PRODUCT TYPE, 2023 (% SHARE) 73
FIGURE 22 NORTH AMERICA MEAL REPLACEMENT MARKET, BY NATURE, SEGMENT ATTRACTIVENESS ANALYSIS 76
FIGURE 23 NORTH AMERICA MEAL REPLACEMENT MARKET, BY NATURE, 2023 (% SHARE) 77
FIGURE 24 NORTH AMERICA MEAL REPLACEMENT MARKET, BY PRICE RANGE, SEGMENT ATTRACTIVENESS ANALYSIS 79
FIGURE 25 NORTH AMERICA MEAL REPLACEMENT MARKET, BY PRICE RANGE, 2023 (% SHARE) 80
FIGURE 26 NORTH AMERICA MEAL REPLACEMENT MARKET, BY CATEGORY, SEGMENT ATTRACTIVENESS ANALYSIS 82
FIGURE 27 NORTH AMERICA MEAL REPLACEMENT MARKET, BY CATEGORY, 2023 (% SHARE) 83
FIGURE 28 NORTH AMERICA MEAL REPLACEMENT MARKET, BY APPLICATION, SEGMENT ATTRACTIVENESS ANALYSIS 87
FIGURE 29 NORTH AMERICA MEAL REPLACEMENT MARKET, BY APPLICATION, 2023 (% SHARE) 88
FIGURE 30 NORTH AMERICA MEAL REPLACEMENT MARKET, BY END USER, SEGMENT ATTRACTIVENESS ANALYSIS 92
FIGURE 31 NORTH AMERICA MEAL REPLACEMENT MARKET, BY END USER, 2023 (% SHARE) 93
FIGURE 32 NORTH AMERICA MEAL REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, SEGMENT ATTRACTIVENESS ANALYSIS 95
FIGURE 33 NORTH AMERICA MEAL REPLACEMENT MARKET, BY DISTRIBUTION CHANNEL, 2023 (% SHARE) 96
FIGURE 34 NORTH AMERICA MARKET: COMPARATIVE ANALYSIS 100
FIGURE 35 NORTH AMERICA MEAL REPLACEMENT MARKET, BY REGION, 2023 (% SHARE) 101
FIGURE 36 NORTH AMERICA MARKET: SWOT ANALYSIS 102
FIGURE 37 COMPETITOR DASHBOARD: NORTH AMERICA MEAL REPLACEMENT MARKET 113
FIGURE 38 NORTH AMERICA MEAL REPLACEMENT MARKET: COMPETITIVE ANALYSIS, 2023 114
FIGURE 39 GENERAL MILLS INC: FINANCIAL OVERVIEW SNAPSHOT 121
FIGURE 40 GENERAL MILLS INC: SWOT ANALYSIS 123
FIGURE 41 HERBALIFE LTD.: FINANCIAL SNAPSHOT 126
FIGURE 42 HERBALIFE LTD.: SWOT ANALYSIS 128
FIGURE 43 GLANBIA PLC.: FINANCIAL SNAPSHOT 131
FIGURE 44 GLANBIA PLC: SWOT ANALYSIS 133
FIGURE 45 THE SIMPLY GOOD FOODS COMPANY.: FINANCIAL SNAPSHOT 137
FIGURE 46 THE SIMPLY GOOD FOODS COMPANY: SWOT ANALYSIS 139
FIGURE 47 HUEL: SWOT ANALYSIS 142
FIGURE 48 STARCO BRANDS, INC..: FINANCIAL SNAPSHOT 145
FIGURE 49 STARCO BRANDS, INC.: SWOT ANALYSIS 147
FIGURE 50 ABBOTT LABORATORIES: FINANCIAL OVERVIEW SNAPSHOT 150
FIGURE 51 ABBOTT LABORATORIES: SWOT ANALYSIS 152
FIGURE 52 KELLANOVA: FINANCIAL OVERVIEW SNAPSHOT 154
FIGURE 53 KELLANOVA: SWOT ANALYSIS 155
FIGURE 54 NESTLÉ S.A.: FINANCIAL OVERVIEW SNAPSHOT 158
FIGURE 55 NESTLÉ S.A.: SWOT ANALYSIS 159
FIGURE 56 AMWAY CORPORATION: SWOT ANALYSIS 162
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